Superb review, very incisive and helpful.

Great, concise review! USB 3.0 is great but no coaxial is a letdown for me personally.
Cheers.

Thanks for the excellent review

Thank you mates. My pleasure. 

what about compare to pono player?

@MikePortnoy : any comment about Bluetooth performance?  Does it support apt-X?  How about sound quality and soundstage difference using 3.5mm HO vs 2.5mm balanced HO?  I would have expected some improvement using balanced wired output.

@jambul I haven't heard Pono player sorry. 
 
@twister6 I don't have a bluetooth earphone currently;  I'll test it in following weeks most likely and I will update the bluetooth performance. All my balanced plugs are for 3.5mm. So, the review is based on 3.5mm phone out.

its a great dap, i wanted to buy a FiiO x3II but now i am waiting to buy the lotoo paw 5000. 

Balanced 3.5mm? TRRS I think, for Hifiman 901 balanced card.

Thanks to an excellent review. Very helpful.

Nice review but I got a gut feeling I would like the DX90 over this Dap.
$600 is a game killer for me but I do like the balance out..

@rasecrs172 Paw 5000 performs better than Fiio X3ii, but with double price. 
@AmberOzL Yeah, my balanced (TRRS) plugs are for Hifiman balanced out as well as MA8/9. 
@tishi755 Thank you, my pleasure.
@solblack Thank you; well it is a matter of preference, but I prefer P5000's transparency to DX90's.

Great review. Thanks. Who wouldn't want to own something with a name like "Lotoo Paw." They had me at "Lotoo" lol.